Vasonomics Makes Strategic Investment in Creatiosoft
Business Wire IndiaVasonomics, a leading VAS services player in Africa, has announced that it has made a strategic Investment in Creatiosoft, iGaming solutions provider based in India catering to various geographies.
Creatiosoft, has domain expertise in developing iGaming solutions like Poker, Rummy, Fantasy Sports, RNG Slots and many more for Virtual & Real money.
Vasonomics is entrenched in various emerging markets connecting some 200 million SIM cards on 9 networks in emerging markets, at a pretty healthy ARPU of $5-10 per customer with Direct Carrier Billing.
Vikas Dixit, CEO of Vasonomics, speaking on what interested him in game development company and what kind of strategic value he is looking from it, said, “We intend to leverage our Distribution strengths in Africa and Creatiosoft product’s fits in our scheme of things.”
Rishabh Agarwal, CEO of Creatiosoft stated on the occasion, “We could have easily raised money from Financial Investor, but we see huge Flip to our Sales effort, as this strategic investments helps Creatiosoft open sales and support offices in Key African markets; Nigeria, Ghana, Kenya, Tanzania, Rwanda, South Sudan, Uganda, South Africa- where Vasonomics already has a foot print.”
Creatiosoft has also decided to strengthen its board with inclusion of Vikas Dixit as Board Member, while also appointing Raju Moza, CFO C-zentrix, as its Board Observer.